Bitcoin Treasury Corp. acquires 292.80 BTC for $31.6 million, launches digital asset treasury strategy – Dimsum Daily

27th June 2025 – (New York) Bitcoin Treasury Corp. (BTCT), a firm specialising in institutional lending and liquidity services, has disclosed the purchase of 292.80 Bitcoin (BTC) for C$43 million ($31.6 million), signaling the initiation of an accumulation strategy to fortify its digital asset treasury.
Based in Toronto, the company views bitcoin as a strategic long-term reserve asset and a pivotal component of its revenue model, intending to leverage these holdings to bolster its institutional loans portfolio.
With the recent completion of a brokered share offering that raised $125 million, combined with returns from the BTC acquisition, Bitcoin Treasury is committed to providing top-tier services in the digital asset sector. The company is dedicated to prudent risk management practices and aims to enhance shareholder value while establishing itself as a frontrunner in bitcoin-backed financial solutions.
Following its reverse takeover of 2680083 Alberta Ltd., Bitcoin Treasury’s shares are scheduled to commence trading on the TSX Venture Exchange on June 30. The merger allows BTCT to become a publicly traded entity without the traditional IPO route, utilising 268 as a designated private shell vehicle for this strategic transition.
The offering was facilitated by various financial institutions, including Canaccord Genuity, Stifel, National Bank Financial Markets, BMO Capital Markets, and CIBC Capital Markets, showcasing significant interest and involvement from the financial sector in this transformative move.

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